Question: Absent a special election, when does a taxpayer recognize interest income on a U . S . Series EE bond? When annual coupon payments are

Absent a special election, when does a taxpayer recognize interest income on a U.S. Series EE bond?
When annual coupon payments are made.
Annually based on the increase in value of the bond.
When payment is received at maturity, sale, or other disposition of the bond.
Upon purchase of the bond based on the anticipated interest income through maturity.

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